Globsyn Infotech Ltd has announced that it has inked a mutual agreement with Bharat Co-operative Bank (Mumbai) Ltd.

The sources informed that the company has entered into the tie up with the aim to connect to the SWIFT Network Society for Worldwide Interbank Financial Telecommunication.

The Globsyn TurboSwift product will assist the customers aiming for FOREX Transactions to connect to SWIFT network using the TurboSWIFT suite.

TurboSwift is a full-featured and certified messaging interface (CBT) used by various banks worldwide for secure messaging of international funds transfer (Forex), conforming to the SWIFT standard.

SWIFT is the industry-owned co-operative, which offers secure, standardised messaging services and interface software to over 8,100 financial institutions located in 208 countries and territories.

SWIFT members entail banks, broker-dealers and investment managers.

Globsyn Infotech Limited formerly known as Synergy Log-In Systems Limited engages in offering software services and solutions. The Group functions mainly in Malaysia, USA, Singapore, Sri Lanka and India.